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  COMMENTARY: China escapes global bond rout, but for the wrong reasons: McGeever September 2, 2026 11:00 PM GMT+10 Updated 4 hours ago File Photo: A U.S. dollar note (L) and a Chinese yuan banknote are seen through a pair of spectacles in this picture illustration taken in Taipei October 13, 2010. China's foreign exchange... Purchase Licensing Rights , opens new tab Read more ORLANDO, Florida, Sept 2 (Reuters) - Sovereign bonds are getting slammed globally , as worries over rising prices, policy credibility, and unsustainable debts push government borrowing costs in many major economies to multi-decade and even record highs. But there's one notable exception: ​China. The yield on the benchmark 10-year Chinese government bond (CGB) has fallen below 1.7%, more than 300 basis points lower than the yield on the 10-year U.S. ‌Treasury note . That's the widest gap between the two since January last year, and if current trends continue, it will be the largest on record very soon....
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  SUCKER-HILL,  THE FILTHY BEAST. Mark Zuckerberg had a bold plan to replace Meta staff with AI. Here’s how it imploded. To make its workforce “AI native,” Meta explored slashing the size of many teams across the company by as much as 60% in two waves, internal documents show. Staff revolted - and hours before a big layoff in May, the CEO called off planning for further cuts. August 26, 2026 8:00 PM GMT+10 Updated August 26, 2026 REUTERS/Illustration/Catherine Tai. Photo: REUTERS/Brendan McDermid In January, Meta CEO Mark Zuckerberg and his top lieutenants gathered for their annual leadership retreat at his Hawaii compound. There they hatched a radical plan to reimagine work at the social-media giant in the age of artificial intelligence. Code-named Project OT – short for Organization Transformation – the plan envisioned an “AI native” future for the owner of Facebook and Instagram. AI would take over much of the daily work performed by thousands of human employees. Virtual wo...
 Fixing the AI industry’s PR problem  Financial Times UK 3 Sep 2026 Robert Arm strong robert.arm strong@ft.com  The pub lic repu ta tion of the big AI com pan ies is an abso lute dump ster fire. Accord ing to Gal lup, 9 per cent of Amer ic ans think AI will do more good than harm, versus 39 per cent who take the oppos ite view. To see how that trans lates to feel ings about OpenAI or Anthropic, try talk ing to, oh, any one who doesn’t own a stake in one or the other. What can the com pan ies do to regain trust? What is the right PR strategy for AI? Doomers will say it’s hope less.  There is no way to put lip stick on a pig of a tech no logy that will make a few people rich while drain ing the live li hoods, pri vacy, free dom and nat ural resources of the many. For the uto pi ans, pro ductiv ity and abund ance will soothe all fears in a year or two. I don’t know where I am on that spec trum, but I have been talk ing with a lot of PR pro fes sion als lately, and have ...
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  US, China arm for space warfare: hunter satellites and orbital weapons Amid the rapidly-evolving field of military space operations, Beijing and Washington are preparing for the possibility of conflict extending into space. September 2, 2026 8:00 PM GMT+10 Updated 13 hours ago Militaries now view satellites as weapons systems, amid mounting space threats. U.S. Space Force personnel monitor orbital operations from a military base in California in December. U.S. Space Forces/David Dozoretz/Handout via REUTERS In June, a secretive unmanned Chinese spaceplane closely monitored by U.S. military analysts released a small satellite hundreds of miles above Earth in an orbital region crowded with commercial and military satellites. The object then looped around another Chinese satellite before returning towards the spaceplane, according to U.S. space-tracking firm LeoLabs. Little is known about the satellite or the mission. But the U.S. military operates a similarly secretive spacepla...
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  China Censors and Punishes to Shape Narrative on Floods in Tibet, a Contrast to Nepal A broadcast in Beijing last week showing state media coverage of the flood aftermath in Tibet. Credit... Greg Baker/Agence France-Presse — Getty Images Sept. 1, 2026 Rescue workers were only just starting to assess the scope of loss and destruction from deadly Himalayan floods last week when Chinese authorities turned to another challenge: unapproved narratives of the devastation. Censors quickly deleted videos and eyewitness accounts from social media. Journalists working for state media and social media influencers were warned not to report on casualties or missing people unless their reports aligned with official announcements. People who questioned the official death toll were given “administrative penalties,” punishment that typically involves either a fine of up to $150 or up to 10 days in prison. When some foreign news outlets noted the contrast in coverage between Tibet, where no foreign...